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300-322 Hughes St. 320 Hughes St

24 Unit Apartment Building $2,399,999 ($100,000/Unit) Danville, VA 24541

Investment Highlights

  • Completely renovated quadplex package! 6 units available.
  • Located within walking distance from Danville Community College, bus stops, parks, restaurants and shopping.
  • All units are eligible for a DSCR Loan.

Executive Summary

Completely renovated quadplex package! 6 units available, all in a row on the same road. Each unit features a 1 bedroom, 1 bathroom apartment with luxury vinyl plank flooring throughout, granite countertops, new stainless steel appliances, and an energy-efficient heating and cooling system. Each apartment rents for $795 per month. Located within walking distance from Danville Community College, bus stops, parks, restaurants and shopping.

Property Facts

Price $2,399,999
Price Per Unit $100,000
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Building Size 14,784 SF
No. Stories 2
Year Built/Renovated 1947/2024

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26148
Land Assessment
$3,800
Improvements Assessment
$34,800
Total Assessment
$38,600
  • Listing ID: 33010624

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 320 Hughes St, Danville, VA 24541

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